Dictionary 1. (n.) The state of being indebted.2. (n.) The sum owed; debts, collectively. Thesaurus accounts payable accounts receivable amount due arrearage arrears bad debts bankruptcy bill bills borrowing charges chits debt delinquency due dues failure financial commitment floating debt funded debt indebtment insolvency liability maturity national debt nonpayment obligation outstanding debt pledge public debt score uncollectibles unfulfilled pledge |